Iron Ore's Seen Back in $40s as China Challenges Loom in `18
Material Handling & Logistics
OCTOBER 17, 2017
Iron ore may get a reprieve for the remainder of this year before tougher times return in 2018, according to Schroders Plc, which says the raw material may sink back below $50 a metric ton as the effect of credit-led stimulus in China wears off and demand concerns resurface in the top user. Quarterly Outlook. to 748 million tons in 2018.
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